Single Source of Truth (SSOT) refers to the practice of structuring information systems so that all data is stored in one primary location. This ensures data consistency and reliability across an organization.
A Single Source of Truth (SSOT) is a data management practice where an organization stores its most important information in one central location. This approach ensures that every person and system in the company pulls data from the same place. When you use an SSOT, you avoid the confusion of having different versions of the same information in multiple departments. If a product price changes, you update it once in the master source. This change then flows to all other platforms, such as your webshop or digital catalogs. This system helps teams work faster and reduces manual errors. It gives everyone confidence that the information they use is accurate and up to date. Using a PIM like WISEPIM allows businesses to maintain this consistency across all sales channels.
A Single Source of Truth is a central location for all your product data. It ensures that every sales channel uses the same information. If your webshop shows one price while a marketplace shows another, customers get confused. This often leads to more returns and lost sales. A PIM system acts as this central hub. It keeps your descriptions and prices accurate no matter where you sell. This helps your team stay organized and prevents data errors.
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